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Enbridge Inc
TSX:ENB

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Enbridge Inc
TSX:ENB
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Price: 72.86 CAD 1.32% Market Closed
Market Cap: CA$159.1B

P/OCF

13
Current
34%
More Expensive
vs 3-y average of 9.6

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
13
=
Market Cap
CA$156.5B
/
Operating Cash Flow
CA$12.3B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
13
=
Market Cap
CA$156.5B
/
Operating Cash Flow
CA$12.3B

Valuation Scenarios

Enbridge Inc is trading above its 3-year average

If P/OCF returns to its 3-Year Average (9.6), the stock would be worth CA$54.2 (26% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-54%
Maximum Upside
No Upside Scenarios
Average Downside
30%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 13 CA$72.86
0%
3-Year Average 9.6 CA$54.2
-26%
5-Year Average 9.8 CA$55.12
-24%
Industry Average 6 CA$33.61
-54%
Country Average 10.9 CA$61.57
-16%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
CA
Enbridge Inc
TSX:ENB
156.9B CAD 13 22.5
US
Williams Companies Inc
NYSE:WMB
88.2B USD 14.9 33.7
US
Enterprise Products Partners LP
NYSE:EPD
82.1B USD 9.6 14.3
US
Kinder Morgan Inc
NYSE:KMI
70.6B USD 11.9 23.2
US
Energy Transfer LP
NYSE:ET
65.6B USD 6.5 15.7
CA
TC Energy Corp
TSX:TRP
86.8B CAD 12 25.8
US
MPLX LP
NYSE:MPLX
56.4B USD 9.6 11.5
US
ONEOK Inc
NYSE:OKE
55.1B USD 9.8 16.2
US
Cheniere Energy Inc
NYSE:LNG
54B USD 9.8 10.1
US
Targa Resources Corp
NYSE:TRGP
51.7B USD 13.2 28.1
US
Cheniere Energy Partners LP
NYSE:CQP
30.4B USD 11 12.1

Market Distribution

In line with most companies in Canada
Percentile
60th
Based on 1 917 companies
60th percentile
13
Low
0.1 — 7.2
Typical Range
7.2 — 17
High
17 —
Distribution Statistics
Canada
Min 0.1
30th Percentile 7.2
Median 10.9
70th Percentile 17
Max 26 053.9

Enbridge Inc
Glance View

Enbridge Inc. stands as a pivotal player in the North American energy sector, weaving its operations through a complex network of pipelines and energy infrastructure. Rooted in Canada and expanding its reach across the continent, the company specializes in the transportation and distribution of crude oil, liquid hydrocarbons, and natural gas. Enbridge's vast tapestry of pipelines, stretching thousands of miles, serves as the circulatory system for energy, moving vast volumes of oil from production hubs to key markets with precision and reliability. This infrastructure behemoth also operates natural gas utility assets, delivering essential energy suppliers to millions of residents and businesses, marking a significant footprint in both urban and rural communities. Financially, Enbridge crafts its revenue model by leveraging long-term contracts and transportation agreements with energy producers, granting stability and predictability to its earnings. The company's strategic investments in renewable energy sources, such as wind and solar power, signify its forward-thinking approach and alignment with the growing global emphasis on sustainability. Enbridge's business model is further bolstered by its involvement in midstream operations, which include oil storage, refining, and distribution services, allowing the company to tap into additional value within the energy supply chain. This multi-faceted operational structure enables Enbridge to not only capitalize on traditional energy demands but also to position itself advantageously in the evolving landscape of energy transition, ensuring its resilience and relevance in the years to come.

ENB Intrinsic Value
71.22 CAD
Overvaluation 2%
Intrinsic Value
Price CA$72.86
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